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Mixed-Use Property with Studio Lodging

124 Cottage Street, Bar Harbor, ME 04609

For Sale
$2,350,000

DT Vil 2 zoning allows a range of commercial and mixed-use options.

Property Size6,423 SF
Price / SF$365.87
Days on Market1155

Property Features for 124 Cottage Street

General Information

Standard status Active
Size 6,423 SF
Total Parking Spaces 4
Property subtype Commercial
Zoning DT Vil 2

Additional Details

Road Access Yes
Sprinkler System Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $15,378

Amenities

air quality system
low VOC non toxic building materials
extra insulation
solar panels
locker rooms with showers

Building Details

Building Size 6,423 SF
Year Built 2020
Buildings 2
Stories 2
Listing Agency: Portside Real Estate Group
Listed By: Erica Brooks
Source: Integrityhomesrealestategroup
Added: Sep 14, 2023 Changed: Nov 11 Last Checked: Nov 11 at 2:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Portside Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This 6,423-square-foot mixed-use property has a first-floor gym, locker rooms with showers, and three treatment rooms that could be repurposed as offices or additional treatment space. The second floor includes an open studio, a full bathroom, and three more office or treatment rooms. A separate rear building contains four studio-style lodging units and is reached from Brewer Ave. The property also has four parking spaces.

Built with energy efficiency in mind, the buildings include an air-quality system, a sprinkler system, added insulation, and low-VOC, non-toxic materials. Solar panels were installed in 2022. The address is on Cottage Street in downtown Bar Harbor, and the property is zoned DT Vil 2.

Key Highlights

  • 6,423‑square‑foot mixed‑use property with gym, office, treatment, studio, and lodging areas
  • Four studio‑style lodging units in the rear building, accessed from Brewer Ave
  • Four parking spaces

Property Analytics

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Current Use

Fitness centers & gyms

Suggested Use

Top Pick Auto Repair Shop Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Barber Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

737
Businesses Nearby

Demographics for 04609, ME

5,089
Population
3,499
Households
1.5
Avg Household Size
48
Median Age
58%
College-Educated
96%
High-School Grad
42.2 sq mi
ZIP Area
121
Density / Sq Mi
$74,408
Median Household Income
$44,455
Median Earnings
$1,190
Median Rent
$451,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Mixed-use property - DT Vil 2 zoning allows a range of commercial and mixed-use options.
Where is this mixed-use property located?
The property is located at 124 Cottage Street Bar Harbor, ME.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 6,423‑square‑foot mixed‑use property with gym, office, treatment, studio, and lodging areas; Four studio‑style lodging units in the rear building, accessed from Brewer Ave; Four parking spaces
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